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20121001
20121009
Search Results 0 to 9 of about 10 (some duplicates have been removed)
-income americans have seen their income come down by $4,300. this is a tax in and of itself. i'll call it the economy tax. it's been crushing. >> question. why did president obama seem thrown off balance? did he underestimate governor romney, pat buchanan? >> he certainly d. governor romney performed better on substance than any candidate in any presidential debate in history. reagan would have beaten him in style in 1980 but on substance i've never seen anybody better prepared than governor romney. he was on of fence. the real question, why did barack obama, the president, do so badly. john, he didn't come prepared for what he found there. he seemed difident, almost disinterested, sour. when they had the two pictures together he was looking down at his notes and the governor was talking to him as if he was lecturing him. some say he's lost his enthusiasm for the battle. he looked like he was weary of the job. i think it may have been something to do with him having been out on the road for a year saying the same thing. he didn't seem to be intellectually stimulated. >> do you think he
struggling long before the crisis hit. but today's news certainly is not an excuse to try to talk down the economy to score a few political points. it's a reminder that this country has come too far to turn back now. >> brown: that was a swipe at republican mitt romney and his economic prescriptions. but in southwest virginia, romney fired back that the report does not portray a real recovery. >> the unemployment rate, as you noted, this year has come down very, very slowly. but it's come down, nonetheless. the reason it's come down this year is primarily due to the fact that more and more people have just stopped looking for work. so it looks like unemployment's getting better, but the truth is, if the same share of people were participating in the workforce today as on the day the president got elected, why, our unemployment rate would be around 11%. that's the real reality of what's happening out there. >> brown: in fact, total employment in september did increase, for the first time since june, by 873,000. but two-thirds of those were people who took part-time jobs when they could
. >> susie: you know, tonight obviously in the debate president obama and governor romney will be talking about the job market do. you expect them to give any kind of plan to jolt the labor market and to get that unemployment rate down drastically? >> i think both candidates are likely to be somewhat vague in their discussion of proposals to great jobs. if i were asking the question, i think the one that i with like to hear answered most would be, what are you going to do about the approaching fiscal cliff if we go over the fiscal cliff, if we plunge over the highest bluff along the fiscal cliff, it's very likely the economy will fall into recession and the unemployment rate instead of being 8 at the end of next year will be above 9. so the first thing that any elected official needs to do in 2013 is prevent job losses by doing something about the fiscal cliff. >> susie: are you predicting a recession? >> no, we're not. we do think that in a crisis environment at the 11th hour, some sort of arrangement will be made that will delay the fiscal contraction that's on the books now. so that th
is there is a divergence. health care in general tends to do okay if people think romney is going to be re-elected and that is overall. but health care really breaks down to the service providers like the hospitals. which would actually severely benefit quite a bit if obama care continued on as planned. but if we had someone like romney come and take over and you know do what he says to get rid of obama care the folks who provide service are certainly going to be adversely affected. the folks that provide insurance are going to be positively affected. we saw that effect today. it was very marked. >> susie: let's look at another sector because romney was talking a lot about how much he likes coal, both candidates mr. talking about energy independence and you look at how coal stocks did today, big gains there like arch coal, like alpha natural resources, is this a good place to put your money? >> well, i tell you this. it's early to be making bets on any sector and predicated against a presidential election. it is too close to call and certainly not the way you want to invest but i will tell
president obama and governor romney visited virginia. >> reporter: the jobs report took away one of governor romney's signature stump speech about how long the unemployment rate has been above eight percent. >> the reason its come down this year is because more and more people have just stopped looking for work. >> tom: today's report actually showed people returned to the labor force in september. it's the first time since last october the unemployment rate fell while more people entered in the workforce. >> but today's news certainly is not an excuse to try to talk down the economy and score a few political points. it's a reminder that this country has come too far to turn back now. >> tom: only one more monthly job report remains before election day. and with such high stakes, former general electric c.e.o. jack welch stirred up controversy with this comment on twitter, accusing president obama's re-election campaign of essentially manipulating the report. - quote - unbelievable jobs numbers...these chicago guys will do anything..-end quote. the bureau of labor statistics is where the dat
domestic product. >> gross domestic product. governor romney wants to bring government spending per g.d.p. to g.d.p. down to 20%. and he has a theory that says that if you do that and you do the other things that he's going to do with the tax code that he is going to get economic growth. and so the second thing i'm listening for is, "what is their solution to the situation we're in right now with the economy? how are they going to solve the deficit problem and also increase job creation?" and i'd like to hear that explained clearly, because they have two very different philosophies. third, i think that if the debates do their job, we're going to be able to answer the question, "what are the sacrifices either one is going to ask us to make?" >> such as reforming social security, medicare, higher taxes, lower taxes? >> yes. and on the table are all sorts of things that many people value a great deal and we may not be able to afford anymore. so should we have deductibility for second home mortgages? should we have deductibility for high-cost homes? should we have health insurance coverag
's no effective romney campaign here in california. these republicans get to sort of run their own campaigns and their own district, without a lot of national drag. that said, the two tightest races, lundgren up here and vilbray down in san diego, some other races, an open seat where julia brownley is up against tony strickland, these are important. it is a very, very long shot for the democrats to do it, but if they lose those seats, it ain't going to happen at all. >> belva: is outside money a factor? >> it's huge. >> belva: chime in on that, dan. >> you mentioned the $2.8 million the chamber is paying. listen, the airwaves in sacramento are saturated with lundgren and berra ads and quite a few for ricky gill and mcnearny and i mean, this is hot stuff going on here. there's a lot of outside money. er think there's a place where the presidential thing does affect these congressional races and that's in turnout. i don't think we're going to see the kind of turnout this year we saw four years ago and that could hurt the m thes. there's really nothing driving voter turnout in california. there
tickets hunkered down again today for debate preparation, ahead of the big meeting tomorrow night. but they also managed to break away briefly-- president obama for a visit to the hoover dam, and governor romney out with an aide to buy lunch, a burrito. meanwhile, their running mates made multiple stops in key states. vice president biden told a crowd in charlotte, north carolina that mitt romney would raise taxes on most americans to fund tax cuts for the wealthy. >> how they can justify raising taxes on the middle class has been buried the last four years. how in lord's name can they justify raising their taxes with these tax cuts? look, folks, we've seen this movie before. massive tax cuts for the wealthy. eliminating restrictions on wall street. let the banks write their own rules. we know where it ends. it ends in a catastrophe of the middle class and the great recession of 2008. folks, we cannot go back to that. >> woodruff: the republican national committee and the romney campaign seized on biden's remark about the middle class. they called it a "stunning admission" that th
Search Results 0 to 9 of about 10 (some duplicates have been removed)